DE CUBBER WILLY
ActiveDE CUBBER WILLY has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163k and a net result of €-44k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 7376 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-82
Solvency98▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 1.87 in 2024; short-term debt: 27% and cash: 12.2% of total assets), and 27.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
7 d early
2023
41 d early
2022
23 d late
2021
3 d early
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€163k▼ 21.3%
2024 · €207k
2018: €107k
2019: €120k
2020: €149k
2021: €150k
2022: €153k
2023: €162k
2024: €207k
2018 → 2025
Total assets
€224k▼ 25.3%
2024 · €300k
2018: €196k
2019: €224k
2020: €221k
2021: €281k
2022: €274k
2023: €316k
2024: €300k
2018 → 2025
Net result
€-44k
2024 · €45k
2018: €-10k
2019: €12k
2020: €29k
2021: €953
2022: €4k
2023: €31k
2024: €45k
2018 → 2025
Working capital
€75k▼ 7.5%
2024 · €81k
2018: €56k
2019: €59k
2020: €89k
2021: €53k
2022: €55k
2023: €19k
2024: €81k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€150k-€153k▲ 2.4%€162k▲ 6.0%€207k▲ 27.5%€163k▼ 21.3%
Operating result€6k-€542▼ 90.4%€18k▲ 3,198%€69k▲ 285%€-40k
Net result€953-€4k▲ 277%€31k▲ 763%€45k▲ 43.8%€-44k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €40k after €69k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €224k
Fixed assets
€89k▼ 29.7%
Current assets
€136k▼ 22.2%
Equity and liabilities €224k
Equity
€163k▼ 21.3%
Debt
€62k▼ 34.1%
The debt ratio falls from 31.2% to 27.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €106k
Cash flow
€-2k▼
2024 · €82k
Solvency
72.5%▲
2024 · 68.8%
Current ratio
2.24▲
2024 · 1.87
Quick ratio
1.82▲
2024 · 1.72
Debt / equity
0.38▼
2024 · 0.45
ROE
-27.1%▼
2024 · 21.6%
ROA
-19.7%▼
2024 · 14.8%
Interest coverage
0.55▼
2024 · 18.02
Debt
€62k▼
2024 · €94k
Debt ≤ 1 year
€61k▼
2024 · €93k
Income taxes
€135▼
2024 · €21k
Staff costs
€185k▼
2024 · €224k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€300k€224k▼
Fixed assets21/28€126k€89k▼
Tangible fixed assets22/27€126k€88k▼
Plant, machinery and equipment23€85k€61k▼
Furniture and vehicles24€40k€27k▼
Leasing and similar rights25€0-
Other tangible fixed assets26€340€250▼
Financial fixed assets28€135€135=
Current assets29/58€174k€136k▼
Stocks and contracts in progress3€14k€26k▲
Stocks30/36€3k€4k▲
Contracts in progress37€11k€22k▲
Amounts receivable within one year40/41€34k€34k▲
Trade receivables40€30k€26k▼
Other amounts receivable41€4k€8k▲
Current investments50/53€28k€43k▲
Cash at bank and in hand54/58€90k€27k▼
Deferred charges and accrued income490/1€9k€6k▼
Equity and liabilities
Total equity and liabilities10/49€300k€224k▼
Equity10/15€207k€163k▼
Contributions10/11€85k€85k=
Reserves13€122k€122k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€122k€122k=
Profit (loss) carried forward14€0€-44k▼
Amounts payable17/49€94k€62k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€93k€61k▼
Current portion of amounts payable after more than one year42€12k€5k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€18k€8k▼
Suppliers440/4€18k€8k▼
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€4k€626▼
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€55k€44k▼
Accrued charges and deferred income492/3€387€987▲
Income statement
Code20242025
Remuneration, social security and pensions62€224k€185k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€43k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€332k€190k▼
Operating profit (loss)9901€69k€-40k▼
Financial income75/76B€3k€665▼
Recurring financial income75€879€665▼
Non-recurring financial income76B€2k€0▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€66k€-44k▼
Income taxes67/77€21k€135▼
Profit (loss) for the period9904€45k€-44k▼
Profit (loss) for the period to be appropriated9905€45k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€-44k▼
Transfer from equity791/2€0-
Transfer to equity691/2€45k€0▼
To other reserves6921€45k€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-44k ▼199%
Net result drops to €-44k, the lowest in the series.
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €45k ▲43.8%
Operating result €69k, net result €45k, both a record.
30-09
Financial
Equity above €200kEq €207k ▲27.5%
6 profitable years in a row build equity to €207k.
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-09
Financial
Equity above €150kEq €153k ▲2.4%
4 profitable years in a row build equity to €153k.
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ronse · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ommegangstraat 339600 RonseGround area
3,258 m²
Building footprint
222 m²
Volume, LiDAR
952 m³
Parcel 45041B0903/00F000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE CUBBER WILLY BVBA
since 19952.073.594.338
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041B0903/00F000 | Flanders | 3,258 m² | 1 · 222 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,788 EUR awarded · 4,706 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,809 EUR | 1,809 EUR |
| 2024 | 1 | 447 EUR | 447 EUR |
| 2023 | 1 | 2,178 EUR | 2,178 EUR |
| 2022 | 1 | 354 EUR | 272 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 12,488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-1995
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
45211
43320Joinery installation
43331Floor and wall tiling
45421
55100Hotels and similar accommodation
55102
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.